Trades related to the 1929 template currently being used by Exchange Insiders, as discussed on December 12, 2020, are on track to duplicate a September 3, 1929 to October 4, 1929 decline during January – February 2021. An intraday low of 12,904.27 (+/-2%) is expected by February 25, 2021. This aligns with a decline in gold and silver that is expected during the same time period.
Dow: Rising Wedge Complete
As of December 21, 2020 at 04:45 a.m. EST, the 9 Point Rising Wedge structure discussed on December 18, 2020 is complete. The Dow is moving within a well-defined channel shown above while various sources note that stock markets are overvalued. JP Morgan stated; “…equity markets have not been this expensive so early into an economic recovery phase in the last twenty years.” A move down to 19,595 (+/- 2%), as discussed on December 12, 2020, is still expected.
Dow: 9 Point Rising Wedge
Stock chart courtesy of StockCharts.com.
A 9 Point Rising Wedge structure in the Dow is nearing completion. This is very similar to what occurred in February 2020.
Dow: 1929 vs 2020
Stock chart courtesy of StockCharts.com.
After a detailed review of weekly data for the Dow, it is apparent that Exchange Insiders are in the process of updating a template from 1929 for a stock market decline that is expected to be larger than what occurred between February 10, 2020 and March 23, 2020. The 38 week structure developed between March 23, 2020 and December 11, 2020 is strikingly similar to the 39 week structure developed between December 10, 1928 and September 7, 1929. A decline is expected to occur between December 14, 2020 and February 26, 2021 with a preliminary estimated close in the range of 19,595 (+/-2%).
Dow: 2007 vs 2020
Dow structural patterns discussed on December 5, 2020 are similar to structures developed during September – October 2007. Record highs are noted in the following articles. A different narrative is discussed during each timeline, but it appears current algorithms have been designed to provide a decline similar to 2007-2009 over the next two years for the Greatest Recession.
October 9, 2007:
S&P 500 Closes At All Time High
December 7, 2020:
Stocks rise to fresh record highs as Pfizer begins UK vaccine rollout
Dow: Closing High 30218.26
Chart courtesy of StockCharts.com
A rising wedge in the Dow, as shown above, with a closing price that equals the high for Friday, December 4, 2020 indicates a repeat performance of February 2018 with a sharp decline expected over the next week.
Dow: Sharp Decline
Chart courtesy of StockCharts.com
As algorithms continue to repeat, another gravestone candlestick appeared in the Dow daily chart on December 1, 2020. Expect a sharp decline over the next 9 trading days.
Dow: First Time Headline
A “first time” headline for the Dow moving above 30,000 arrived on November 24, 2020. This move resulted in an update to structural calculations indicating extreme price swings are expected during December with a revised intraday low target of 19,174 (+/-1%) by December 31, 2020.
Dow: Similar Structures
Note that the Dow 30 minute futures chart structure developed between 8:30 a.m. on November 9, 2020 and 11:30 a.m. on November 24, 2020 is similar to the 30 minute futures chart structure developed between 1:00 a.m. on February 6, 2020 and 7:00 p.m. on February 19, 2020. Similar structures created prior to, and implemented during the course of predetermined time frames supports the engrbytrade hypothesis that Exchange Insiders, and Commercial Futures Traders are in control and leave nothing to chance.
Dow: Structural Update
Calculations indicate price adjustments in the Dow have resulted in a structural update showing a low of 22,137 (+/-1%) by December 23, 2020.
Dow: The Great Short
The charts shown below compare notional values of the Dow between 1914 -1929 and 1995 -2020. Adding an additional 24+% to the SP500 (and Dow) within one year, as noted by JP Morgan on November 9, 2020, would drive the Dow up to an estimated value of 36,553 by the last quarter of 2021. By November 2021 the “Great Reset” is expected to turn into the Great Short of 2021-2023.
Dow: Repeat 2009 to 2015
During the process of building engrbytradeTM Project 2023, additional data identified Commercial Traders positioning for a repeat performance of March 2009 to May 2015. Upon completion of a decline, as noted on November 10, 2020, Commercial Futures Traders and Market Makers will move ahead with the “Great Reset” plan by developing an extension to their existing project timeline. This would explain optimistic forecasts, such as JP Morgan expecting 4500 on the SP500 by the end of 2021.
Dow: Revised Calculations
Based on yesterday’s high of 29,933.83, revised calculations indicate the Dow is expected to reach a low of 18,213.70 (+/-1%) by December 29, 2020 (+/-1 trading day).
Dow: 7 Point Formation
Futures traders were provided with the opportunity to finish a 7 point Broadening Formation structure and push the Dow towards 30,000. Market Makers will sell short as retail investor’s rush in to buy. Completion of this formation will setup the Dow for a long term decline.
Dow: November Low
Initial calculations indicate the Dow is expected to reach a low of 20,539 (+/-1%) by November 30, 2020 (+/-1 trading day).
Dow: Ahead of Schedule
Today, the Dow hit a high of 28,301.50 ahead of schedule and within the trading range of 28,360 (+/-1%) noted on October 31, 2020. Based on current Dow structure calculations and multiple engrbytrade embedded trade markersTM, a decline to a trading range of 20,539 (+/-1%) is expected. Additional calculations will be needed to focus on a final trading range and date.
Dow: Retracement Update
Based on efforts by Market Makers and Futures Traders to form a base for the next move up, a retracement up to 28,360 (+/- 1%) is expected by November 6, 2020 (+/- 1 trading day) using a rising wedge formation in the futures market prior to starting a decline to 22,715 (+/- 1%).
Dow: Retracement
Note that a retracement up to 28,431.35 (+/- 1%) is expected by November 5, 2020 (+/- 1 trading day) using a rising wedge formation in the futures market prior to starting a decline to 18,748 (+/- 1%).
Dow: Decline to 18748
As discussed on October 17, 2020, the Dow declined today to within 1% and 1 trading day of the expected trading range. Based on current Dow structure calculations and engrbytrade embedded trade markerTM, a trading range of 18,748 (+/-1%) is expected by December 4, 2020 (+/- 1 trading day). Additional calculations will be needed to focus on a final trading range and date. In the interim volatile short term trading by Market Makers is expected as they continue to setup for a year end decline.
Dow: Dow Structure
It should be noted that the 2009-2020 Dow structure has been constructed in a way that will provide Exchange Insiders the means to continue a significant decline and conduct a major market collapse between August 2021 and October 2021. This collapse is expected to be much larger than 2008 and is in line with the economic collapse noted on October 9, 2020.
Dow: Decline to 26,690
After completing a 7-point rising wedge in the Dow futures chart structure, as noted on October 11, 2020, watch for a decline that will take the Dow down to 26,690 (+/- 1%) on the NYSE by October 27, 2020 (+/- 1 trading day).
Dow: Bond Positions
An extreme diversion from the mean in 30 year bond positions mentioned on October 3, 2020 continues to expand. In addition to this, a 7-point rising wedge structure was completed on Friday, October 9, 2020. There is a high probability that volatile conditions over the next three months will create a decline leading into mid-January that has the potential to reach 13,000 (+/- 2%).
Dow: Rising Wedge
On 9/25/20 Commercial Futures Traders initiated a 7-point rising wedge structure that is expected to be complete today. This wedge is visible on the Dow 15 minute futures chart. Their motive for this structure is to provide a decline to 27174 (+/-1%) on the NYSE in order to accumulate additional inventory prior to moving higher.
Dow: Stock Accumulation
On September 24, 2020 the Dow hit an intraday low of 26,537.01 and was within the 1% range discussed on September 22, 2020. A detailed review of Market Maker and Commercial Futures Trader trading structures on 9/3/20, 9/4/20 and 9/18/20 indicates Exchange Insider stock accumulation and contract adjustments are expected to move the Dow up to 31,487 (+/-1%) by January 27, 2021. This move upward provides additional time for Exchange Insiders to distribute stock and accumulate short positions prior to a long term decline.
Dow: Pivot Up
Calculations indicate Market Makers plan to push the Dow down to 26,352 (+/-1%) by Friday September 25, 2020 (+/-1 trading day). Upon completing this decline, a pivot up to 29,531 (+/-1%) is expected by October 14, 2020 before starting a long term decline.